A Housing Recession (EP.281)
Animal Spirits Podcast
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I Don't Believe in Amazon Anymore, but It's Not 20%
Amazon and Microsoft, because they were both in the $2 trillion club lost more. Goldman's prime book data from October 21 through October 27 confirms hedge funds were firmly in super cap tech de-risk mode. Info tech saw risk offflows with long sales outpacing short covers, nearly 1.5 to 1. We observed the largest notion of long selling in tech in seven months.
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